DULUTH, Minn., Feb. 22, 2018 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced 2017 annual and fourth quarter financial results. Sales for IKONICS reached an all-time quarterly record in the fourth quarter of 2017, setting a strong pace for 2018, according to Bill Ulland, CEO of the 65 year-old company. “The…
DULUTH, Minn., Nov. 03, 2017 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, reported 2017 third quarter results. Compared to the third quarter of 2016, sales declined by 14% to $3,984,000. The company posted a net loss of $111,000, or $0.06 per diluted share, for the 2017 third quarter compared to net…
IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced that it has received a $258,000 purchase order for SubTHAT!™, a new internally developed product for the dye sublimation market. Bill Ulland, IKONICS CEO, said, “Dye sublimation is an exciting new market for us, and we are entering it with a unique patent pending technology that…
DULUTH, Minn., Aug. 03, 2017 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced a 12% increase in sales for the second quarter of 2017 coupled with a loss of $0.05 per diluted share for the period as compared to earnings of $0.02 per diluted share for the second quarter of 2016….
DULUTH, Minn., March 07, 2017 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, today announced that its Board of Directors has appointed Ken Hegman as Chief Operating Officer. Hegman previously held the position of Vice President of Sales, North America. “There is no better person to lead IKONICS’ operations than Ken Hegman,”…
DULUTH, Minn., Feb. 27, 2017 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company announced 2016 financial results. IKONICS CEO Bill Ulland said: “This has been a year of contrasts for IKONICS. Sales of Advanced Material Solutions (AMS), our aerospace business, grew 66% over 2015. Most of these sales were to one customer,…